Many annual reports released on 31 July, we spent whole day on going through companies annual reports and hopefully can find undervalued potential counters, we have filter in few potential counters, most of the reports still need some time to research on them. However there one potential counter can consider immediately: GSB , the stock of August.
Reason 1: Fong silling become new major shareholder of Rcecap and gsb(again)
look the RCECAP next day:
Rcecap break high to RM1.67 right after annual report released, we are expecting rcecap will challenge RM2 very soon.
Then we look at GSB :
GSB only up 1sens to RM0.215, we believe this stock is very underpricing, it should at least break recent high in a while,RM0.25 is a resistance and we are targeting RM0.3
Disclaimer: The information contained in this article is for general information purposes only. Any reliance you place on such information is therefore strictly at your own risk
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